Fixed Asset manual addition - GP Dynamics 2016

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Hello,

In reviewing year-end data we discovered a few of invoices entered through AP that should have gone to a fixed asset account (instead they were expensed). We have the AP and Fixed Asset modules in GP Dynamics 2016.

What would be the best way to get those transactions in fixed assets so we can adjust for depreciation for those and show the addition of the asset? There are a total of 7 invoices, all for the same vendor throughout the year that make up the total asset to be added. Had we individually distributed the invoice to a fixed asset account we would be able to create the master account and add the other invoices as they came along and depreciation would have been calculated as we went along. Any suggestions? How would GP handle the depreciation for the previous months?

Thank you,

Edie B

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L Vail 65,271 on at

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You can manually add the Assets using the Asset General Information Card. Alternatively, you could void those transactions and re-enter them in order to get it into the Purchasing screen.

Leslie

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